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Australian Securities and Investments Commission Regulations 2001
27Abuse of Takeovers Panel procedures to be noted
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#### 27 Abuse of Takeovers Panel procedures to be noted
If a matter in a written submission made to the Takeovers Panel is frivolous or vexatious, the Takeovers Panel must place on the submission a note stating:
(a) that the Takeovers Panel has disregarded the matter in accordance with paragraph 26(1)(b); and
(b) the reasons why the Takeovers Panel believes the matter to be frivolous or vexatious.